SR Technics has signed a Memorandum Of Understanding with Okay Airlines for joint venture in China

SR Technics has signed a Memorandum of Understanding (MOU) with Okay Airways to form a maintenance Joint Venture (JV) in China. Okay Airways, which was established in June 2004, is the first privately owned airline in China.

This JV will see SR Technics and Okay Airways partner together to establish a Company providing technical solutions for airlines from a facility to be located in Tianjin, one of the fastest growing regions of China. Tianjin Airport is being developed to become a major passenger and cargo hub. Full technical solutions will include aircraft services, fleet technical management and component support of both Boeing and Airbus fleets for both existing airlines and developing new paradigm carriers.